GFG Restaurants Private Limited
About GFG Restaurants Private Limited
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GFG Restaurants Private Limited was a private limited company based in Ernakulam, Kerala, India, operated as a subsidiary of Stellar Concepts Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 May 2013.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55101KL2013PTC034198. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors including Vivek George Varghese and Gurpreet Singh Gulri.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Ernakulam, Kerala.
As per the financials filed for FY 2019, the company reported a revenue of ₹48.47 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹54.14 Lakh (net margin -111.7%) and EBITDA of -₹42.24 Lakh (EBITDA margin -87.2%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years.
Company details
Contact details
GFG Restaurants Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIsland Castle 40/8503 – J1 Flat # 6C Opposite Ymca Building Chitoor Road Co, Chin, Ernakulam, Kerala, India – 682035
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of GFG Restaurants Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of GFG Restaurants is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
Financials of GFG Restaurants Private Limited
FY 2021 filings availableGFG Restaurants Private Limited reported revenue of ₹48.47 Lakh (down 28% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 99%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹48.47 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹42.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.14 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -87.2% | ||||
| Net Profit Margin | -111.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of GFG Restaurants Private Limited, buy the company report.
Board of directors of GFG Restaurants Private Limited
GFG Restaurants has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek George Varghese | Director | 28 May 2013 | 13 Years 4 Months | As last reported |
| Gurpreet Singh Gulri | Director | 23 Nov 2015 | 10 Years 11 Months | As last reported |
| Yati Kapila Kumar Also directs: Glocon KPO Solutions Private Limited | Director | 23 Nov 2015 | 10 Years 11 Months | As last reported |
Auditor
GFG Restaurants Private Limited is audited by BALAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAN & CO | FY 2019 | 000340S |
Shareholding
The shareholding of GFG Restaurants Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GFG Restaurants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving GFG Restaurants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GFG Restaurants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GFG Restaurants has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of GFG Restaurants Private Limited, buy the company report.
Recent activity
GFG Restaurants Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Puthenveetil George Varghese ceased to be Managing Director on 16 May 2022.
Frequently asked questions
GFG Restaurants has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
GFG Restaurants was a private limited company based in Ernakulam, Kerala, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 28 May 2013 and is registered under CIN U55101KL2013PTC034198. The company has been struck off by the Registrar of Companies and is no longer operational.
GFG Restaurants had 3 directors:
- Vivek George Varghese - Director
- Gurpreet Singh Gulri - Director
- Yati Kapila Kumar - Director
The CIN (Corporate Identification Number) of GFG Restaurants is U55101KL2013PTC034198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of GFG Restaurants is at Island Castle 408503 – J1 Flat # 6C Opposite Ymca Building Chitoor Road Co, Chin, Ernakulam, Kerala, India – 682035.
GFG Restaurants was incorporated on 28 May 2013. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of GFG Restaurants on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. GFG Restaurants has 1 GST registration on record and it is cancelled or inactive.
GFG Restaurants operated in the travel and hospitality industry, in the hotel and accommodation services segment. It worked in this industry before it was struck off.
Puthenveetil George Varghese ceased to be Managing Director on 16 May 2022. Gurpreet Singh Gulri ceased to be Additional Director on 30 Sep 2016. Yati Kapila Kumar ceased to be Additional Director on 30 Sep 2016. GFG Restaurants has 7 board changes on record in total.